Wormser Freres Gestion Has $9.04 Million Stock Holdings in PTC Inc. $PTC

Wormser Freres Gestion lifted its stake in shares of PTC Inc. (NASDAQ:PTC) by 0.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 52,445 shares of the technology company’s stock after purchasing an additional 206 shares during the quarter. PTC accounts for about 5.4% of Wormser Freres Gestion’s holdings, making the stock its 7th largest position. Wormser Freres Gestion’s holdings in PTC were worth $9,036,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in PTC. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of PTC in the first quarter worth about $26,000. Motco bought a new stake in PTC during the 1st quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in PTC in the 1st quarter worth approximately $33,000. Zions Bancorporation National Association UT bought a new position in PTC in the 1st quarter valued at $39,000. Finally, SVB Wealth LLC bought a new position in shares of PTC in the first quarter worth $41,000. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Insider Buying and Selling

In other news, EVP Staats Aaron C. Von sold 1,988 shares of the stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $216.29, for a total transaction of $429,984.52. Following the completion of the sale, the executive vice president owned 15,743 shares of the company’s stock, valued at approximately $3,405,053.47. This represents a 11.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.32% of the stock is owned by company insiders.

PTC Trading Down 0.0%

PTC stock opened at $203.00 on Monday. The company has a market capitalization of $24.32 billion, a PE ratio of 47.88, a price-to-earnings-growth ratio of 1.95 and a beta of 1.14. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.89 and a current ratio of 0.89. PTC Inc. has a one year low of $133.38 and a one year high of $219.69. The company’s 50 day moving average price is $208.26 and its two-hundred day moving average price is $181.24.

PTC (NASDAQ:PTC) last posted its quarterly earnings results on Wednesday, July 30th. The technology company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.42. The business had revenue of $643.94 million during the quarter, compared to analyst estimates of $582.12 million. PTC had a net margin of 20.74% and a return on equity of 17.09%. The company’s revenue was up 24.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.98 earnings per share. PTC has set its FY 2025 guidance at 6.630-7.030 EPS. Q4 2025 guidance at 2.100-2.500 EPS. As a group, analysts predict that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Oppenheimer lifted their price objective on PTC from $225.00 to $240.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Stifel Nicolaus raised their price target on PTC from $200.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Royal Bank Of Canada lifted their price target on PTC from $224.00 to $235.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Piper Sandler upped their price objective on shares of PTC from $180.00 to $200.00 and gave the stock a “neutral” rating in a research report on Thursday, July 31st. Finally, BMO Capital Markets raised their target price on shares of PTC from $187.00 to $231.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Eleven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, PTC currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.14.

About PTC

PTC Inc operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools.